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10551 Wilshire Boulevard, L...

Ron Chitayat Acquires Condo In Westwood For $1.25M With Brokers Elizabeth Clark & Laura Milshteyn
SOLD

Ron Chitayat Acquires Condo In Westwood For $1.25M With Brokers Elizabeth Clark & Laura Milshteyn

10551 Wilshire Boulevard, Los Angeles, California 90024, United States

$1,250,000

$596/SF

Building Size

2,097 SF

Asset Type

Closing

Jul 25, 2022

AI

A condo located at 10551 Wilshire Blvd. in Westwood has been sold for a price of $1,250,000. The property spans 2,097 square feet, resulting in a price per square foot of $596. The transaction took place on July 26, 2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,250,000
  • SF: 2,097
  • PPSF: $596
  • Address: 10551 Wilshire Blvd., Westwood

Elizabeth Clark and Laura Milshteyn from Douglas Elliman represented both the buyer and seller in the deal. Ron Chitayat purchased the condo from Shahrokh Elihu.

Players

Laura Milshteyn

Douglas Elliman

Broker

$16.1M

vol

7 deals

Broker

Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93